|1.||Target Group||:||Medical practitioners of any discipline, promoters of hospitals and nursing homes, pathological clinics, poly-clinics, X-ray labs, etc.|
|2.||Eligibility||:||Individuals/ Partnerships/ Corporates/Trusts Promoters should be registered practitioners and should possess minimum qualification to practice in a discipline such as MBBS/ BDS|
|3.||Purpose||:||To finance qualified medical practitioners For personal purposes for buying equipment setting -up clinic, nursing home, poly-clinic, Path lab, X-ray lab , drug store, purchase of vehicle, ambulance, computers, etc.. Repair/ renovation of clinic / dispensary, etc.|
|4.||Type of facilities||:||MTL( Medium Term Loan)|
|5.||Quantum of Finance||:||For service holders 10 times of Monthly Salary
For Independent Practitioner 10 times of NMI (Net Monthly Income)
Minimum Tk 2.00 lac to Maximum of TK. 10 lac
|7.||Rate of Interest||:||Loans may be given both on a fixed or a floating rate basis, as per interest rate prevailing from time to time. Branch Manager may have discretion to reduce the interest rate by 1% p.a.|
|:||Hypothecation of assets financed by the Bank Guarantee of Colleague/suitable person.
MBBS certificate may be taken as security.
|9.||Processing fees||:||1% of Loan amount|
|10.||Repayment||:||Maximum period of 5 years.|
|11.||Documentation||:||A Composite loan document drafted for the purpose|
|12.||Special features||:||The assessment will be based on a simplified scoring model . Minimum score to be eligible for the loan is 60%.|